Strategy fulfills three major roles. It is a:
A)Coordination device, decision support tool, , and risk reducer
B)Coordination device, strategy goal, and organizational identity builder
C)Coordination device, decision support tool, , and strategy goal
D)None of the above

Question

Quizplus · Accepted Answer

Strategy serves as a coordination device that aligns an organization's resources and actions towards a common goal. It also functions as a decision support tool to help leaders make informed choices about how to allocate resources and prioritize actions. Lastly, strategy serves as a goal in itself, providing direction and a sense of purpose to the organization. While risk reduction and organizational identity building can be outcomes of a strategic approach, they are not among the primary roles of strategy.

Strategy Fulfills Three Major Roles. It Is A